Mr. Hassenfelt is the Chairman of Granville Capital, Inc. and has over 30 years of experience in the investment management business. He was the Founder, Chairman, and CEO of NCT Opportunities, Inc., a subsidiary of U.S. Trust Corporation specializing in hedge fund advisory services, and has been the portfolio manager of Granville Multi-Strategy Partners since its inception in 1995. During his career, he has served in senior executive positions with N.C. Trust Company (which he co-founded in 1983) and its successor U.S. Trust Company of North Carolina as well as U.S. Trust Corporation in New York, where he served as EVP and COO of the Investment group.